Commodities Corner

Fed Up?

Cattle rally should linger -- unless public balks

"BEEF -- IT'S WHAT YOU WANT" used to be the marketing slogan of the U.S. beef industry, but it now aptly applies to the meatpacking industry, as well. By chasing scarce supplies, packers boosted cattle and beef prices to the highest levels ever last week.

Even if Canadian imports are freed to enter the U.S., removing a ban that was one of the precipitating factors in the rally, analysts say prices aren't likely to collapse....